Caribbean Park

What Caribbean Park does

Caribbean Park is a privately held, family-owned master-planned business precinct operating across 500 acres in Scoresby, Melbourne's south-east, 27km from the CBD with direct Eastlink access. The precinct integrates five distinct commercial uses — premium office space, logistics and warehouse facilities, a 46-acre/110,000sqm retail development in planning, an on-site Hyatt Place hotel, and Event Central as a dedicated events venue — alongside hospitality venues, childcare, gym, and wellness amenities, all set within parkland featuring over 10,000 trees and a central Caribbean Lake. Its tenant base includes enterprise customers across telecommunications (Telstra), industrial (Cummins, WEG Australia), defense/technology (Leidos), banking (Bendigo Bank), consumer (Hisense, Miele, Adairs), and life sciences (Thermo Fisher Scientific).

The underlying 'technology' of the business is its physical and curated infrastructure: biophilic building design with optimized natural light and ventilation, flexible office floorplates, logistics facilities positioned on arterial road links, a 100kW Kempower DC fast EV charger deployed via partnerships with ENGIE, JET Charge, and Chargefox, and a modular vertiport design developed with Skyportz for Advanced Air Mobility. The precinct has achieved a 5-star NABERS Energy Base Building rating and Climate Active carbon neutral certification, making it the first Australian suburban office development of scale to do so.

Caribbean Park generates revenue primarily through recurring multi-year commercial leases of office, logistics, and (in the future) retail space, with quoted pricing negotiated directly with prospective tenants via an in-house leasing team. Secondary revenue streams include event venue hire at Event Central, ground-floor and partnership-driven income from the Hyatt Place hotel, and hospitality and retail tenant operations. Distribution is direct enterprise leasing supported by a digital presence (website, LinkedIn, Instagram), community events, and event-driven visibility, targeting enterprise businesses, logistics operators, retail/hospitality tenants, event organizers, and startups across Melbourne's south-east.

Name

Caribbean Park

Legal name

Caribbean Park

Website

https://caribbeanpark.com

Company type

Private

Founded year

1944

Operating status

Operating

Headcount range

11–50 employees

Short description

Caribbean Park is a privately held, family-owned 500-acre master-planned business precinct in Scoresby, Melbourne, integrating office, logistics, retail, hospitality, events, and accommodation (Hyatt Place) within a parkland setting, serving enterprise and mid-market tenants across diverse industries.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Leasing

SIC

Real Estate Operators (No Developers) & Lessors (6510), Operators Of Nonresidential Buildings (6512), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro industry

PRIMARYBPAJAHAH

Industrial Park Owners Association Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/HOA/Condominium Association Management

SECONDARYBPAHAKAC

Landscape Architecture & Site Design

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Architecture, Design & Planning Services

SECONDARYTHAJAEAF

Resort/Hotel-Integrated Parks (On-Property Theme/Water Parks)

Travel & Hospitality/Tours, Attractions & Experiences/Theme Parks, Water Parks & Family Entertainment Centers

Keywords

• Commercial real estate leasing
• Business precinct operations
• Office space leasing
• Logistics warehousing leasing
• Mixed-use master planning

Headquarters

HQ city

Scoresby

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Office Leasing: Premium commercial office spaces with flexible floorplates, modern amenities, and parkland setting. Revenue generated through commercial real estate leasing to businesses of all sizes.
2. Logistics & Warehouse Leasing: Australia's foremost logistics and technology hub offering warehouse and distribution facilities with peerless transportation links via Eastlink and major arterials.
3. Retail Leasing: Future retail development spanning 46 acres (110,000sqm) offering retail spaces to various tenants including cafes, restaurants, and service providers.
4. Events & Functions Venue: Event Central at Caribbean Park hosts festivals, expos, community events, and entertainment. Victoria's newest 'events central' generating venue rental and service revenue.
5. Accommodation (Hyatt Place Partnership): On-site Hyatt Place hotel providing luxurious accommodations for business travelers, meeting facilities, and conference spaces. Caribbean Park serves as the land/property owner.
6. Hospitality Venues: On-site dining options including San Lorenzo restaurant, Middleman Cafe, The Alibi Cafe, and Bella Vita Pizza. Mixed model of owned venues and tenant-operated restaurants.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Caribbean Park operates a 500-acre master-planned business precinct in Melbourne's south-east, leasing premium office, logistics, and retail spaces to enterprises, mid-market companies, and growing businesses. The precinct combines commercial real estate with owned and operated hospitality venues, the Event Central events venue, and the Hyatt Place hotel, anchored by extensive parklands with more than 10,000 trees. Revenue is generated primarily through long-term commercial lease agreements with businesses seeking integrated, sustainable workspace.

Product overview

Caribbean Park is a 500-acre, suburb-sized master planned business precinct in Melbourne's south-east, operating as a multi-faceted parkland city that integrates office, warehouse and logistics, entertainment, hospitality, accommodation, and retail uses. The core portfolio includes a World-Class Office Precinct with elegant architecture and biophilic design, an Australia-leading Logistics Park with superior transportation links, Event Central for major events and functions, the Hyatt Place Melbourne Caribbean Park hotel for accommodation, a future 46-acre/110,000sqm Retail Precinct, hospitality venues including San Lorenzo Restaurant, and extensive parklands with Caribbean Lake. Sustainability amenities include EV charging infrastructure and over 10,000 trees. The precinct positions itself as a destination where business meets lifestyle, offering a work-life balance environment with wellness facilities, childcare, and green spaces.

Differentiator

Problem solved

Functional benefit

Products and services

• Office Precinct Leasing

Quantifiable outcome

• 500 acres of integrated business, lifestyle, and leisure space - one of Australia's largest master planned environments
• +4 more outcomes

Named customers20 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and supporting.

• SkyportzcoreStrategic or Co-development Partner · 2 November 2023Partnership to develop Australia's first vertiport for Advanced Air Mobility and electric air taxis. Skyportz CEO Clem Newton-Brown: 'Caribbean Park is the first in a network of sites we will establish in advance of the aircraft becoming operational.'
• Contreras Earl ArchitectssupportingImplementation/ SI/ Consulting Partner · 2 November 2023Architecture firm collaborating on vertiport design. Developed modular, practical vertiport design satisfying operational requirements for Advanced Air Mobility.
• to70 aviationsupportingImplementation/ SI/ Consulting Partner · 2 November 2023Aviation consultancy providing expertise for vertiport development and operational requirements for electric air taxi services.
• ARUPsupportingImplementation/ SI/ Consulting Partner · 2 November 2023Global engineering and infrastructure consultancy contributing to vertiport design and development for Advanced Air Mobility.
• MicroflitesupportingImplementation/ SI/ Consulting Partner · 2 November 2023Aviation services provider participating in the vertiport development consortium for Australia's first electric air taxi infrastructure.
• ENGIE Australia & New ZealandcoreStrategic or Co-development PartnerPartnership with global renewable energy company ENGIE for EV charging infrastructure deployment. ENGIE provides renewable energy expertise for Caribbean Park's electric vehicle charging stations.
• JET ChargecoreTechnology or IntegrationInfrastructure provider for EV charging stations. JET Charge supplies and installs EV charging equipment including the Kempower 100kW DC fast charger.
• ChargefoxcoreTechnology or IntegrationCharging network provider for EV charging stations. Users access and pay for charging via Chargefox mobile app or RFID card. Provides 1300 518 038 customer support.
• AusnvirosupportingStrategic or Co-development PartnerEnvironmental performance specialists for commercial properties. Partnership enables strategic decisions and investments in certified carbon credits for sustainability goals.
• BhoomiesupportingStrategic or Co-development PartnerExperts in carbon measurement, development, and trading. Partnership reinforces Caribbean Park's commitment to effective climate change mitigation and carbon credit investments.
• Hyatt Place Melbourne Caribbean ParkcoreChannel Partner/ Reseller/ DistributorOn-site hotel partnership providing accommodation for business travelers and conference facilities. Hyatt Place hotel offers luxurious accommodations and meeting spaces within walking distance of office areas.

Scale indicators7 records

Recent moves3 records

Expansion highlights5 records

Regional players

• Investa (Oxford Properties): Australian commercial office platform owned by Oxford Properties, focused on premium CBD and metropolitan office. Comparable to Caribbean Park's office leasing operations, though Investa skews toward CBD-grade office rather than suburban precincts.

Broad incumbents

• Dexus: ASX-listed Australian office-focused REIT managing prime office portfolios. Comparable to Caribbean Park's office leasing and premium workspace positioning, though Dexus operates primarily in CBD markets.
• GPT Group: ASX-listed Australian REIT with office, logistics, and retail portfolios. Comparable to Caribbean Park's office and logistics leasing streams as a diversified commercial property operator in the Australian market.
• Lendlease: ASX-listed Australian real estate and infrastructure group developing master-planned precincts globally. Comparable to Caribbean Park in delivering large-format mixed-use environments with sustainability credentials and long-cycle capital deployment.
• Charter Hall Group: ASX-listed Australian property group with office, industrial, and logistics portfolios. Comparable to Caribbean Park's diversified office and logistics leasing streams serving enterprise tenants.

Direct peers

• Mirvac Group: ASX-listed Australian property developer with mixed-use precincts including commercial office, retail, and build-to-rent. Mirvac's master-planned community model and sustainability credentials mirror Caribbean Park's positioning as an integrated live-work-play environment.
• Stockland: ASX-listed Australian property developer with master-planned business parks, logistics estates, and mixed-use precincts. Comparable to Caribbean Park in operating large-scale suburban business parks with diversified tenant bases and sustainability-led master planning.
• Goodman Group: ASX-listed global industrial property specialist operating logistics and business parks. Comparable to Caribbean Park's logistics park offering given Goodman's focus on strategic transportation-linked industrial estates serving enterprise tenants.
• Frasers Property Australia: Australian arm of Frasers Property developing master-planned communities and mixed-use precincts. Comparable to Caribbean Park's integrated parkland city model combining office, retail, and lifestyle amenities.

Emerging players

• Cbus Property: Australian property developer owned by Cbus super fund, focused on mixed-use precincts and commercial developments. Comparable to Caribbean Park's master-planned precinct approach and long-horizon capital structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/caribbean-park
• Instagraminstagram.com/caribbean_park

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Caribbean Park